Macro Morning

See the latest Australian dollar analysis here:

Bonds, not stocks or houses, are pointing to Australia’s future

By Chris BeckerĀ 

Another bullish day to be expected here in Asia with another record high on Wall Street overnight pushing the risk complex along with tech stocks leading the way. The poor US jobs print from Friday seems to have been forgotten as focus shifts more to risk taking, but currency markets were relatively stable as the USDJPY proxy lifted slightly while the oil price dropped on a possible Libyan peace deal.

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